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388. The Economics of Sports Gambling

Freakonomics Radio

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The Fantasy Sports Revolution

This chapter traces the evolution of fantasy sports from its late 90s origins to its explosive growth into a billion-dollar industry, driven by technological advancements and changing legal landscapes. It highlights personal narratives intertwined with the founding of DraftKings, showcasing the challenges faced by entrepreneurs in a competitive market. The chapter also delves into the complex regulatory issues surrounding sports betting, focusing on the distinction between skill and luck in gameplay and the broader implications for its legality.

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